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Nifty Live Intraday Updates for 1-11-23 !!

NSE:NIFTY   Nifty 50 Index
Nifty important levels to watch are as follows

#Support: 19060

Sell below: 19060 only on 15 minute candle closure below the level.
Target 1: 19010
Target 2: 18960



#Resistance: 19100

Buy Above: 19100 only on 15 minute candle closure Above the level.
Target 1: 19145
Target 2: 19200-19230




=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.

=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.



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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Comment:

nifty supply zone as per 1 min timeframe is marked in red box on the chart.
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nifty low made 19019 after the break of support !
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nifty current trading plan as per 1 min timeframe. Trade accordingly, do not forget to use SL.
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stuck between demand and supply, need a breakout on either side.
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understand the psychology behind the trade.

trapped buyers at the top, then trapped sellers at bottom and invited buyers again to get their SL. once done...price simply dropped down like anything.
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nifty according to 1 min timeframe!
Trade closed: target reached

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